Quote:
Originally Posted by flamesrule_kipper34
As a follow-up.
I received the final invoices from the condo board today.
The final bill was 15k: 5k in emergency work (for my unit and affected units), 5k in repair work for my unit (non-emergency and I was given an estimate and asked if I'd like to go with this company or someone else as it was up to me to decide).
The first two repairs mentioned above were not a surprise and I had no issue with and would fall right at the nose of my insurance coverage which includes 10k less the deductible.
The third invoice I received was a surprise and not communicated earlier which was another 5k for non-emergency repair work to the other affected units. This was done by the original restoration company and I wasn't in the loop whatsoever in terms of those original estimates, 'shopping' around/comparing quotes and etc.
I'm a bit baffled by this, I understand that I/my insurance could be on the hook to repair the affected units...but given it's non-emergency work, shouldn't I be in the loop/process to confirm/approve those repairs? Seems like we could have had this repaired at a much lower price given it was non-emergency work from other contractors and it would have impacted my decision making in the the repair I did for my own unit given this could be potentially 5k out of pocket.
Has anyone come across this situation before? Just want to have as much info as possible ahead of speaking with my insurance and the building.
Thanks again in advance.
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I know you are looking this in your eyes, but take it from the other side, if your unit got flooded by no fault of your own, and caused from a tenant occupied condo. Do you think the owner of that condo should have a say whatsoever if your
own flooded unit needs to be repaired?
To the board / property management company / insurance / affected condo owners, you are the party responsible. You do not get a say, as an owner you are subject to the condo bylaws, any appeal or discussion will be immediately rejected.
Restoration is extremely expensive, especially when it comes to water damage. I have dealt with it before. 5K bill for impacted units is fairly normal for water damage and actually on the lower end. Only takeaway is to take this as a lesson learned and do regular maintenance on your units to prevent this possibiity from happening again. Very likely your tenant plugged up the dishwasher or did something, but it will be hard to prove and harder to collect anything from the tenant.
The caveats of being a landlord and the risks that come from renting (speaking as being both a landlord and on a condo board with multiple stories of both).